free enterprise

noun

: freedom of private business to organize and operate for profit in a competitive system without interference by government beyond regulation necessary to protect public interest and keep the national economy in balance

Examples of free enterprise in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The poll didn't define free market system or free enterprise. CBS News, 16 Aug. 2026 The free enterprise that Roosevelt meant to preserve wasn’t some idealized version of laissez-faire capitalism. Joseph Thorndike, Forbes.com, 27 July 2026 Real environmental stewardship comes from personal responsibility and free enterprise, not bigger government. Baltimore Sun Staff, Baltimore Sun, 20 May 2026 That’s free enterprise — but Broward would pony up $17 million for the land and closing costs. Sun Sentinel Editorial Board, Sun Sentinel, 15 Apr. 2026 See All Example Sentences for free enterprise

Word History

First Known Use

1890, in the meaning defined above

Time Traveler
The first known use of free enterprise was in 1890

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Cite this Entry

“Free enterprise.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/free%20enterprise. Accessed 25 Aug. 2026.

Kids Definition

free enterprise

noun
: freedom of private business to operate with little regulation by the government
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